"Curiosity is the Virtue of a Vigorous Mind"...this blog is about the journey of a curios mind in search of Alpha Investments

Friday, August 04, 2006

Toyota > 2 * (General Motors + Ford + Daimler Chrysler)

Toyota reported a stellar performance for the quarter ended June 2006. Net profits increased by 39.2 per cent to 371.5 billion yen ($3.23 billion). The sharp rise in PAT came on the back of 13 per cent growth in topline to 5.64 trillion yen ($49 billion). Read the full article here. Toyota is the world's most profitable car manufacturer. At the end of 2005, it produced 7.1 million cars, the second most. General Motors produced the most (9.04 million cars).

Thought: With a mcap of USD 6 bln, what will it take for one of India's largest auto companies - Tata Motors to make a hostile bid on Ford Motors, which has a mcap of a mere USD 13.2 bln. Hmm....food for thought for Mr. Ratan Tata. Silly many will think.....but why should any Indian company - be it Maruti Suzuki or Tata Motors not make this bid?????